Hong Ke - Optivision Technology Deputy Branch

All Insiders . Taiwan . 
Stock . Optivision Technology . Stakeholders . Insider . Hong Ke
3666 Stock  TWD 28.60  0.40  1.38%   

Insider

Hong Ke is Deputy Branch of Optivision Technology
Phone886 3 577 6686
Webhttps://www.optivtech.com

Optivision Technology Management Efficiency

The company has return on total asset (ROA) of (0.0867) % which means that it has lost $0.0867 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1888) %, meaning that it generated substantial loss on money invested by shareholders. Optivision Technology's management efficiency ratios could be used to measure how well Optivision Technology manages its routine affairs as well as how well it operates its assets and liabilities.
Optivision Technology has accumulated 167.14 M in total debt with debt to equity ratio (D/E) of 23.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Optivision Technology has a current ratio of 2.06, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Optivision Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Optivision Technology's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Optivision Technology sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Optivision to invest in growth at high rates of return. When we think about Optivision Technology's use of debt, we should always consider it together with cash and equity.

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Optivision Technology, Inc. designs and develops optical films. The company was founded in 2004 and is based in Hsinchu, Taiwan. OPTIVISION TECHNOLOGY operates under Semiconductors classification in Taiwan and is traded on Taiwan OTC Exchange. Optivision Technology (3666) is traded on Taiwan OTC Exchange in Taiwan and employs 13 people.

Management Performance

Return On Equity-0.19
Return On Asset-0.0867

Optivision Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Optivision Technology a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity-0.19
Return On Asset-0.0867
Profit Margin(0.20) %
Operating Margin(0.20) %
Current Valuation(153.55 M)
Shares Outstanding5.29 K
Shares Owned By Insiders48.43 %
Price To Book0.0001 X
Price To Sales0.0001 X
Revenue1.73 B

Pair Trading with Optivision Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Optivision Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Optivision Technology will appreciate offsetting losses from the drop in the long position's value.

Moving against Optivision Stock

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The ability to find closely correlated positions to Optivision Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Optivision Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Optivision Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Optivision Technology to buy it.
The correlation of Optivision Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Optivision Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Optivision Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Optivision Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Optivision Stock Analysis

When running Optivision Technology's price analysis, check to measure Optivision Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Optivision Technology is operating at the current time. Most of Optivision Technology's value examination focuses on studying past and present price action to predict the probability of Optivision Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Optivision Technology's price. Additionally, you may evaluate how the addition of Optivision Technology to your portfolios can decrease your overall portfolio volatility.
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